I just got a call from a girl at Princeton Annual Giving. Princeton U. has more money than it knows what to do with, and only charges high tuition because it can get away with it.
She said that a high alumni giving rate can boost the US News college rankings!
She also said that the fundraising program provides good part-time jobs for students. In other words, she wanted me to give money in order to fund her in making more harassing phone calls!
She also explain how Annual Giving allows the college to enforce differential pricing, where the college forces some students to pay much higher fees than other students. Okay, that wasn't exactly the way she described it. But still, I see nothing good about it. I think that Princeton U. would be a better place if alumni would quit giving it so much money.
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